Four-Unit Corner Shopping
For Sale
$1,000,000
1513 S State Street, Lockport, IL 60441
COMMERCIAL - Lockport, IL
Property SizeContact for details
Lot Size0.08 Acres
Days on Market282
Property Features for 1513 S State Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Directions
Archer (State street in Lockport) to Division, south of Metra Station
Subdivision
Homer / Lockport
Standard status
Active
APN
1104233230050000
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
16627
Utilities
Cooling system
Central Air
Building Details
Year built
1987
Floors in Building
1
Number of units
4
Listing Agency:
Exit Real Estate Specialists · EXIT Realty
(815) 457-7575
Listed By:
Melanie Aranda · License #475147387
(815) 823-5478
Added: Nov 4, 2025
Changed: Aug 4
Last Checked: Aug 13 at 2:06AM
MLS# 12501074
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit retail plaza occupies a corner at State Street and Division Street in Lockport. The property includes two leased suites: a pizza restaurant and a neighborhood liquor store. Two additional units are vacant, creating flexibility for new occupancy or an owner-user configuration. Central air serves the building, which was constructed in 1987, and on-site parking is available.
The plaza sits at a high-traffic intersection with direct access from State Street and Division Street. Nearby businesses contribute to an established commercial setting, while the property’s location in Lockport provides a straightforward retail format for continued operation or re-tenanting. The two occupied units are shown subject to customer traffic and business activity; vacant units are available for showings by appointment.
The plaza sits at a high-traffic intersection with direct access from State Street and Division Street. Nearby businesses contribute to an established commercial setting, while the property’s location in Lockport provides a straightforward retail format for continued operation or re-tenanting. The two occupied units are shown subject to customer traffic and business activity; vacant units are available for showings by appointment.
Key Highlights
- Four‑unit retail plaza at State Street and Division Street
- Two leased suites include a pizza restaurant and neighborhood liquor store
- Two vacant units provide additional leasing or owner‑user flexibility
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
622
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Dining 20%
Home Improvements & Furnishings 2%
Speedway
Shops & Services
12,020 visits/mo
0.2 miles
Dunkin' Donuts
Dining
5,434 visits/mo
0.1 miles
Mobil
Shops & Services
5,104 visits/mo
0.5 miles
Old National Bank
Shops & Services
3,864 visits/mo
0.1 miles
Shell
Shops & Services
3,272 visits/mo
0.1 miles
Demographics for 60441, IL
37,093
Population
13,249
Households
2.8
Avg Household Size
38
Median Age
36%
College-Educated
92%
High-School Grad
28.1 sq mi
ZIP Area
1,320
Density / Sq Mi
$104,271
Median Household Income
$54,665
Median Earnings
$1,488
Median Rent
$287,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Two leased suites and two vacant units provide a flexible mix for owner-users or investors.
Where is this shopping center located?
The property is located at 1513 S State Street Lockport, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four‑unit retail plaza at State Street and Division Street; Two leased suites include a pizza restaurant and neighborhood liquor store; Two vacant units provide additional leasing or owner‑user flexibility
